Why Is Everyone Talking About Carnival Stock?
Six months ago, the big question cruise stocks investors were asking was this: When will ships sail once again from U.S. ports? As more and more people lined up for coronavirus vaccination, there was reason for optimism. Vaccinations would help stop the pandemic -- and open the door to cruising once again. As a result, Carnival (NYSE: CCL) (NYSE: CUK) shares climbed nearly 45% from January through early June.
Then came the moment we've all been waiting for. This summer, Carnival's ships resumed North American operations. And the company has big plans for the rest of the year. At the same time, the shares have stagnated. Let's take a closer look at the situation -- and at why everyone is talking about Carnival stock right now.
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